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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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AMERICHOICE FCU
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICHOICE FCU |
| Address | 20 SPORTING GREEN DR
MECHANICSBURG, PA 17050 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 113 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $10,174,000 |
| Average Mortgage Loan Amount Applied For | $90,000 |
| Highest Mortgage Loan Amount Applied For | $675,000 |
| Average Applicant Income | $81,000 |
| Highest Applicant Income | $430,000 |
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| Home Improvement |
71 | $2,058,000 |
$28,000 | $135,000 |
$79,000 | $269,000 |
| Home Purchase |
53 | $9,742,000 |
$183,000 | $852,000 |
$79,000 | $214,000 |
| Refinancing |
175 | $16,868,000 |
$96,000 | $752,000 |
$86,000 | $430,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $84,000 |
$84,000 | $84,000 |
$70,000 | $70,000 |
| Black or African American |
10 | $525,000 |
$52,000 | $99,000 |
$66,000 | $151,000 |
| Hispanic |
2 | $51,000 |
$25,000 | $35,000 |
$80,000 | $85,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
88 | $5,267,000 |
$59,000 | $400,000 |
$81,000 | $269,000 |
| White |
198 | $22,741,000 |
$114,000 | $852,000 |
$85,000 | $430,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
299 | $28,668,000 |
$95,000 | $852,000 |
$83,000 | $430,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
26 | $811,000 |
$31,000 | $137,000 |
$63,000 | $167,000 |
| Application Withdrawn By Applicant |
35 | $2,636,000 |
$75,000 | $400,000 |
$74,000 | $223,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
238 | $25,221,000 |
$105,000 | $852,000 |
$87,000 | $430,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
1 | $137,000 |
$137,000 | $137,000 |
$102,000 | $102,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
19 | $426,000 |
$22,000 | $85,000 |
$63,000 | $167,000 |
| Debt-To-Income Ratio |
3 | $77,000 |
$25,000 | $68,000 |
$42,000 | $59,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $42,000 |
$42,000 | $42,000 |
$127,000 | $127,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for AMERICHOICE FCU by:
Metropolitan Area And
County
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